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Volkswagen Group of America CEO Jonathan Browning weighs in on the new Beetle from the L.A. Auto Show.
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And leave fifty new vehicle debuts are sent to the -- on the show including the world's first from Chrysler -- GM BMW Volkswagen roasters from all over about get a sneak peek at the new -- W beetle with our own Jeff Flock joins us.
From the LA auto -- -- It was just unveiled Melissa perhaps the most I would say celebrated unveiling of the show.
This is what the beetle looks like the new beetle convertible it has that -- New Los long look that.
The -- You know -- popular.
And I tell him we -- honored to have first on fox Jonathan Browning president CEO of Volkswagen.
Of the Americas.
This is a big one.
Yet Israelis admit I'm bigger than just the vehicle by itself because really -- -- The light at the hall speech to the votes -- doing business here in the US and everybody's got a Beatles story yet you may not sell more of them than not some other cars but it is a flagship -- it is and it really sets a -- in terms of the momentum that business and and the vibrancy of the organization and to and to see -- just the response -- has been wonderful Volkswagen is out for world domination -- -- -- you don't have to.
But obviously the US is a huge part of that you may well become the best selling car company in the world very soon and it's because not because -- Europe where -- based.
But it's because of the US and part.
Yeah you know wolf wolf we've seen is very solid investment program government centered Simon -- we seeing three years of double digit growth.
Culminating in a doubling of the size of our business over three years wanna ask you about that because -- were just came out last week that Volkswagen will invest.
Fifty billion Euro in the business over the course of the next three years.
That seems to me to be company based in Europe and making that kind of investment.
-- almost sounds crazy.
You know if this businesses -- diet products and its about investing you know when we brought the -- the US market just lost here.
We've taken that decision to invest in the US in 2000 night just as the economy went into meltdown we state without -- such.
If you impressed with the right products you see this sort of growth of missing -- scared of the fiscal cliff in the US.
You know I think that's something that we have to work our way through but our expectation is the recovery will continue into next -- and consumer confidence won't be too.
Impacted by it you're betting on the congress and the president.
We're looking forwards are very successful 2000 insisting just like this -- well but Jonathan Browning always a great pleasure to talk with yet.
And to see first on fox the just unveiled the VW couldn't convert -- -- -- -- -- -- -- --
